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$249,000

205 Ator St, Lipan, TX, 76462

$310,835 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,920 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$129.69 / sqft
Year BuiltBuilt in 2012

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size13,504 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APN20091.001.0430.0
SubdivisionJ Cole - Abst 91
Land UseResidential
Legal DescriptionACRES: 0.310 ABST: J COLE - ABST 91 & PFS1097880/81
Census Tract160302
Assessed Land Value$29,840
Assessed Improvement Value$198,220
Assessment Year2025

About this property

Well maintained beautifully kept home in downtown Lipan, making it the perfect place to enjoy the benefits of homeownership without sacrificing convenience. As soon as you step inside, you'll be greeted by an inviting living area featuring bright windows that flood the space with natural light. The kitchen is fully equipped with a built in microwave, double sinks and cabinets galore space for all your cooking essentials. The five bedrooms are smartly arranged. Two bedrooms share a jack and jill bath and the third one is a hallway bath. The well appointed primary suite has double sinks and a jetted tub plus a walk in closet. Outside is a two-sided storage shed and concrete pad, where the current owners have set up a fire pit. With its convenient location, and affordable price point, this home is a smart choice for anyone looking for a comfortable, low-maintenance living option.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$225,834Estimated Mortgage Balance
$88,859Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$310,834
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,261
$228,060
2025
$29,840
$198,220
$228,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,261
$228,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Fha
$225,834
Yes
First
Jul 17, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,141
$88,859
29%
71%
$1,354/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lipan

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205 Ator St | Property Details | No Agent List